Minnesota § 46A.05 ALTERATION OF FEDERAL REGULATION

Minnesota Statutes

§ 46A.05 — ALTERATION OF FEDERAL REGULATION

Minnesota § 46A.05

PartBANKING

Ch. 46ACUSTOMER INFORMATION DATA SECURITY

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Bluebook

Minn. Stat. § 46A.05 (2026).

Text

(a)If an amendment to Code of Federal Regulations, title 16, part 314, results in a complete lack of federal regulations in the area, the version of the state requirements in effect at the time of the amendment remain in effect for two years from the date the amendment becomes effective.

(b)During the time period under paragraph (a), the department must adopt replacement administrative rules as necessary and appropriate.

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(a) If an amendment to Code of Federal Regulations, title 16, part 314, results in a complete lack of federal regulations in the area, the version of the state requirements in effect at the time of the amendment remain in effect for two years from the date the amendment becomes effective.
(b) During the time period under paragraph (a), the department must adopt replacement administrative rules as necessary and appropriate.